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ABS 2021 Census · Updated 21 May 2026
Richards is a regional centre in New South Wales, Australia, with a population of approximately 37, making it a boutique locality. Located approximately 41 km from the Sydney CBD, Richards is a regional area in New South Wales. The median household income is $37,700 per year.
Richards's income profile suggests a value-oriented market with competitive purchase prices. Regional positioning means lower entry costs but potentially longer hold periods for capital gains.
Official Australia Post postcode for Richards. A postcode may cover multiple suburbs.
Australia Post Postcode Finder →Usual resident population at the most recent census.
Weekly median rent for occupied homes. Live rental data integration coming soon.
Annual median household income (before tax) across all households.
Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.
Estimated 1 school within or near this suburb.
Find schools near Richards on My School →Estimated 1 park and green spaces near this suburb.
Monthly median mortgage repayment for households currently paying off a mortgage.
Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.
Richards is a smaller community of 37 — about 1% of the New South Wales suburb median (5,325) — so investors should factor in the narrower buyer pool and longer average time-on-market. Richards's median household income of $37,700/year is 61% below the New South Wales suburb median ($97,552) — this is an affordability play where returns lean on yield and patient capital growth rather than demographic premium. The median weekly rent of $210 translates to approximately $10,920/year in gross rental income, setting the upper bound on yield before vacancy, rates, insurance and maintenance. At 41 km from Sydney, Richards is an outer-metro location where buyers are typically trading commute time for floor space and a lower entry price. Separate houses make up 100% of dwellings — 24 percentage points above the New South Wales median of 76% — pointing to a family-oriented, land-rich market where value is concentrated in the underlying block.
How Richards stacks up against the median of all New South Wales suburbs in our dataset. Positive values mean Richards sits above the state median; negative means below.
| Metric | Richards | NSW median | Δ vs state |
|---|---|---|---|
| Population | 37 | 5,325 | -99% |
| Median household income | $37,700/yr | $97,552/yr | -61% |
| Median rent (weekly) | $210 | $430 | -51% |
| Distance to CBD | 41 km | 45 km | -9% |
| Separate houses | 100% | 76% | +24pp |
Pre-inspection briefing for Richards — every item is derived from public datasets, with full citations in our data sources page.
Limited buy-and-hold upside: a small population of 37 means liquidity is thin and capital growth tends to lag the wider New South Wales market over full cycles.
Gross rent of $210/week (~$10,920/year) sets the yield ceiling. Cross-check against your purchase price to confirm whether this suburb hits the 4–5% gross yield most Australian investors target.
With 100% houses in a 37-person market, renovation margins depend on individual street and aspect rather than any suburb-wide story — do comparable-sales analysis before committing capital.
Run the numbers on a Richards property
Scenario comparison, cash flow analysis, tax modelling, and PDF export — all in one place.
Create free account →Capital-growth expectations for Richards are modest for 2026 — incomes 61% below the NSW median of $97,552 and a population of 37 suggest gains will lag headline metro markets. Rents sit around $210/week, setting the baseline gross rental income at roughly $10,920/year — refine this against current listings before running your numbers. The EquitySight investment score of 27/100 places Richards in the lower tier of Australian suburbs we profile, and overall investor sentiment is cautious heading into the second half of 2026.
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Richards scores 27/100 on our EquitySight investment framework — a weak rating. That score is driven by a population of 37, median household income of $37,700/year and median weekly rent of $210. Whether it fits your portfolio depends on whether you are targeting cash flow, capital growth, or a value-add renovation — all three are scored with suburb-specific numbers elsewhere on this page.
The main demand drivers in Richards are a median household income of $37,700/year, a dwelling mix that is 100% separate houses, roughly 1 schools and 1 parks within the catchment. Together these shape both owner-occupier and tenant demand and are the factors we weight most heavily in the suburb's investment score.
Richards has a usual resident population of approximately 37, compared with a New South Wales suburb median of 5,325 — placing it in the lower half of the state's suburbs by size. Population is the clearest proxy for market depth: more residents mean more transactions and typically a shorter average days-on-market on resale.
Richards sits 41 km straight-line from the Sydney CBD. This is an outer-metro location; local employment and infrastructure announcements tend to move prices more than CBD connectivity alone.
The most recent census recorded a median weekly rent of $210 in Richards, equating to approximately $10,920/year in gross rental income (state median $430/week). Market rents have typically drifted above the recorded figure — verify against current listings on realestate.com.au and Domain before making an offer.
A reliable median mortgage figure was not captured for Richards. Use our loan serviceability calculator to estimate a realistic monthly repayment for your target purchase price and deposit.
Census data was not complete enough in Richards to compute a clean rent-to-mortgage coverage. Use current listings to benchmark weekly rent, then plug your expected purchase price into our rental yield calculator to see whether the investment runs cash-flow positive or negative.
The main risks are a thin buyer pool (37 residents), interest-rate sensitivity, below-median household incomes ($37,700 vs $97,552 state median), the broader New South Wales market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.
Every number on this page comes from the ABS 2021 Census of Population and Housing, Australia Post postcode reference data, and OpenStreetMap amenity tiles. The investment score, strategy verdicts, and comparison table are computed deterministically from those inputs — no opinion, no estimation. See our full methodology and the data sources and licences for the formulas we use.